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re: On this date in 1995 the Dow Jones 30 Average closed above 4,000 for the first time
Posted on 2/23/21 at 2:25 pm to Y.A. Tittle
Posted on 2/23/21 at 2:25 pm to Y.A. Tittle
quote:
So, all your goofy cackling emojis made zero sense basically. I didn't think they did, but I'm glad you confirmed. Weird flex.
0
Posted on 2/23/21 at 2:30 pm to LSURussian
quote:
8.6% compounded annually? Roughly 4X the average annual rate of inflation?
Add dividends reinvested and it's much closer to 11-12%, right? Or am I mathing wrong?
Posted on 2/23/21 at 2:33 pm to lsu777
quote:Anyone who bought BTC just 2 days ago has lost over 20% of his money.
at no real risk to lose your money.
It's true BTC has had an outstanding increase in value over the past few years but you can't claim that there's "no real risk to lose your money" by buying BTC. That's just false.
Posted on 2/23/21 at 2:34 pm to Vols&Shaft83
quote:I'm pretty sure the Dow Jones includes reinvesting dividends.
Add dividends reinvested and it's much closer to 11-12%, right? Or am I mathing wrong?
I know the S&P500 does so I assume the DJIA does, too.
Posted on 2/23/21 at 2:45 pm to lsu777
quote:
for a low risk retirement account 8% is fine.
but yall are celebrating this while shitting on bitcoin for when it did this in way less than 4 years. yet many here called it a scam including some that still shite on it, include slackster.
over any 5 year period, gains in btc would destroy this though at no real risk to lose your money. hell you could say 3 or 4 year period too.
you still haven't said what you think a good rate of return is
Posted on 2/23/21 at 2:52 pm to LSURussian
quote:
Anyone who bought BTC just 2 days ago has lost over 20% of his money.
no they havent lsot anything if they didnt sell, their investment is down only. hold it 5 years and it will be up a much greater % than anything in the market.
by your metric, it was just as much of a risk to be in the stock market before the covid crash. But anyone that held is much better off now.
same with btc but even greater returns.
Posted on 2/23/21 at 2:54 pm to iAmBatman
quote:
you still haven't said what you think a good rate of return is
low risk- 8%
a true good return is 20% plus. Like i said I ma jaded though.
Posted on 2/23/21 at 2:55 pm to LSURussian
quote:
It's true BTC has had an outstanding increase in value over the past few years
over a decade now.
Posted on 2/23/21 at 2:57 pm to lsu777
quote:Tell that to the investors who had margin calls two weeks ago.
no they havent lsot anything if they didnt sell,
An unrealized loss is still a loss. But if it makes you feel better believing it's not a loss, that's okay with me.
Posted on 2/23/21 at 2:59 pm to slackster
quote:
7.4% annualized bad? From a risk-adjusted standpoint that’s not too shabby.
brutal to think this is good.
Posted on 2/23/21 at 3:01 pm to LSURussian
quote:
Tell that to the investors who had margin calls two weeks ago.
well if you are making market calls on crypto than you should be expierenced as shite and take the bad with the crazy good you made.
quote:
An unrealized loss is still a loss. But if it makes you feel better believing it's not a loss, that's okay with me.
ok and is that not possible in the stock market?
Posted on 2/23/21 at 3:01 pm to lsu777
quote:
no they havent lsot anything if they didnt sell
they haven't gained anything either
Posted on 2/23/21 at 3:03 pm to lsu777
you're wasting your time man
these people get excited refreshing their portfolios and seeing GE went up 0.025% on the month
these people get excited refreshing their portfolios and seeing GE went up 0.025% on the month
Posted on 2/23/21 at 3:06 pm to iAmBatman
quote:
they haven't gained anything either
same with stocks brother.
like i said, take any 5 year period or 10 year period or even any 3 year period and look at the return of bitcoin and compare to the market and tell me you wouldnt have made much more in btc.
Posted on 2/23/21 at 3:07 pm to lsu777
quote:Yes, of course. An unrealized loss is still a loss. What's your point?
ok and is that not possible in the stock market?
Are you claiming the stock market regularly loses over 20% of its value in two days?
Only once in my investing career have I experienced that kind of loss in my stock portfolio and that was on October 19, 1987.
It regularly occurs with bitcoin. If you can stomach that kind of volatility then good for you. I don't have that kind of risk appetite.
Posted on 2/23/21 at 3:07 pm to rocket31
quote:
you're wasting your time man
these people get excited refreshing their portfolios and seeing GE went up 0.025% on the month
i mean i have my 401k and its traditional and i have plenty of other stocks and retirement plays, but my whole point was that there are much better returns out there and going up ~1k a year is pretty much crap lol.
Posted on 2/23/21 at 3:12 pm to lsu777
they can't fathom a world beyond a manipulated 9-5 market where if you make 5% on your money, that that would be considered "a good return". they've been brainwashed for decades now and that's hard to let go of
This post was edited on 2/23/21 at 3:33 pm
Posted on 2/23/21 at 3:19 pm to lsu777
quote:
hold it 5 years and it could possibly be up a much greater % than anything in the market.
FIFY
Posted on 2/23/21 at 3:23 pm to LSURussian
HELL, IVE LOST 4000 POINTS TODAY ALONE.
WHY AM I YELLING????
WHY AM I YELLING????
This post was edited on 2/23/21 at 3:24 pm
Posted on 2/23/21 at 3:36 pm to Vols&Shaft83
quote:
Add dividends reinvested and it's much closer to 11-12%, right? Or am I mathing wrong?
S&P 500 over that time is up about 10% annualized.
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